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Jul 31, 2024
Donaldson Q4 2024 Earnings Report
Donaldson reported record fourth quarter and fiscal year 2024 sales and earnings.
Key Takeaways
Donaldson reported a 6.4% increase in sales, reaching $935 million, and a GAAP EPS of $0.90, up 20.0%. The company delivered an all-time high level of profitability through solid sales and robust margin expansion.
Sales increased 6.4% to $935 million.
GAAP EPS increased 20.0% to $0.90; adjusted EPS of $0.94.
Returned approximately $82 million to shareholders through share repurchases and dividends.
Launched footprint and cost optimization programs to strengthen foundation for long-term profitable growth.
Revenue by Segment
Revenue by Geographic Location
Forward Guidance
Donaldson expects full year fiscal 2025 sales growth of 2% to 6% and adjusted EPS of $3.56 to $3.72.
Positive Outlook
- Sales are projected to increase between 2% and 6% over prior year, with a pricing benefit of approximately 1%.
- Mobile sales are forecast to be flat to up 4% year over year.
- Off-Road sales are projected to increase low-single digits driven by market share gains.
- Aftermarket sales are forecast to increase low-single digits as a result of continued strength in vehicle utilization rates and market share gains.
- Industrial sales are expected to grow between 4% and 8% versus 2024.
Challenges Ahead
- On-Road sales are estimated to decrease low-double digits due to an exit from non-strategic products combined with weak end-market conditions.
- Aerospace and Defense sales are projected to be approximately flat after cycling difficult comparisons in 2024.
- Life Sciences sales are forecast to grow low-double digits compared with prior year driven by sales increases in all businesses.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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